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ACCT2050 — Financial Accounting II

4 credits · 4 hours

ACCT 2050 - Financial Accounting II ACCT 2050 - Financial Accounting II Hours/Week: Lecture 4 Lab 0 Course Description: This course provides an in-depth presentation of accounting for balance sheet accounts, financial statement preparation and analysis. This course expands on financial accounting topics such as inventory and financial statement analysis. MnTC Goals None account for cash and receivables. account for inventories. account for investments in debt and equity securities. account for current and contingent liabilities. account for long-term debt. account for contributed capital. account for retained earnings. perform numerous financial analyses. prepare classified balance sheets. prepare statements of cash flows. Minnesota Transfer Curriculum (MnTC): Goals and Competencies Competency Goals (MnTC Goals 1-6) None Theme Goals (MnTC Goals 7-10) None Courses and Registration

Prerequisites: ACCT1010, ACCT2020

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